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Bharti Airtel Dec qtr net profit rises over five-fold to ₹16,134 cr
Millennium Post Kolkata
|Kolkata 07February2025
The firm had posted a profit of Rs 2,876.4 crore in the year-ago period
NEW DELHI: Bharti Airtel on Thursday reported more than five-fold jump in consolidated net profit to Rs 16,134.6 crore boosted by consolidation of the Indus Tower business and benefits of tariff hikes flowing into the quarter.
The company had posted a consolidated profit of Rs 2,876.4 crore in the year-ago period. India's second-largest telecom company posted quarterly revenue from operations of Rs 45,129.3 crore, about 19 per cent higher than Rs 37,899.5 crore it posted in the year-ago period.
"Bharti Airtel posts consolidated quarterly revenues of Rs 45,129 crore - up 19.1 per cent YoY driven by strong underlying momentum in India, sustained constant currency growth in Africa and Indus Tower Ltd consolidation effective November 19, 2024," the company said in a statement.
Dit verhaal komt uit de Kolkata 07February2025-editie van Millennium Post Kolkata.
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